CompX International (NYSE:CIX – Get Free Report) was downgraded by equities researchers at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
CompX International Stock Down 0.1 %
CIX stock traded down $0.02 during trading on Wednesday, hitting $24.18. The company had a trading volume of 13,831 shares, compared to its average volume of 15,414. The firm has a market capitalization of $297.66 million, a P/E ratio of 14.65 and a beta of 0.77. CompX International has a 52-week low of $17.39 and a 52-week high of $39.91. The company has a 50 day simple moving average of $26.34 and a 200-day simple moving average of $26.82.
CompX International (NYSE:CIX – Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The company reported $0.31 EPS for the quarter. The company had revenue of $38.00 million for the quarter. CompX International had a net margin of 12.78% and a return on equity of 12.14%.
Institutional Trading of CompX International
An institutional investor recently raised its position in CompX International stock. BNP Paribas Financial Markets raised its holdings in shares of CompX International Inc. (NYSE:CIX – Free Report) by 998.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,471 shares of the company’s stock after acquiring an additional 4,973 shares during the period. BNP Paribas Financial Markets’ holdings in CompX International were worth $188,000 at the end of the most recent quarter. 7.50% of the stock is owned by institutional investors.
CompX International Company Profile
CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.